Jaguar Land Rover is scouting to buy rival luxury brands to diversify the range of vehicles it sells, and tech companies to help it boost its move into EVs and autonomous driving systems, Bloomberg reported.

Ratan Tata's move to consolidate power at Tata Sons and secure ownership of Jaguar Land Rover looks like one of those boring shareholder resolutions that would go unremarked upon in an ordinary, closely held firm. But Tata Sons isn't a regular company.